XML 72 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
ASSETS    
Cash and cash equivalents $ 532.7us-gaap_CashAndCashEquivalentsAtCarryingValue $ 656.8us-gaap_CashAndCashEquivalentsAtCarryingValue
Receivables, net of allowance for doubtful accounts of $1.1 million at December 31, 2014 and 2013 108.4us-gaap_ReceivablesNetCurrent 78.1us-gaap_ReceivablesNetCurrent
Inventories 229.8us-gaap_InventoryNet 224.4us-gaap_InventoryNet
Prepaid expenses and other current assets 25.0us-gaap_PrepaidExpenseCurrent 7.7us-gaap_PrepaidExpenseCurrent
Deferred income taxes 45.1us-gaap_DeferredTaxAssetsNetCurrent 50.9us-gaap_DeferredTaxAssetsNetCurrent
Assets held for sale 9.3us-gaap_AssetsHeldForSaleCurrent 16.3us-gaap_AssetsHeldForSaleCurrent
Total current assets 950.3us-gaap_AssetsCurrent 1,034.2us-gaap_AssetsCurrent
Timber and timberlands 67.1lpx_TimberAndTimberLicenses 71.6lpx_TimberAndTimberLicenses
Land, land improvements and logging roads, net of road amortization 136.1lpx_LandLandImprovementsAndLoggingRoadsNetOfRoadAmortization 123.1lpx_LandLandImprovementsAndLoggingRoadsNetOfRoadAmortization
Buildings 321.6us-gaap_BuildingsAndImprovementsGross 330.9us-gaap_BuildingsAndImprovementsGross
Machinery and equipment 1,838.8us-gaap_MachineryAndEquipmentGross 1,794.5us-gaap_MachineryAndEquipmentGross
Construction in progress 18.6us-gaap_ConstructionInProgressGross 46.1us-gaap_ConstructionInProgressGross
Property, plant and equipment, at cost 2,315.1us-gaap_PropertyPlantAndEquipmentGross 2,294.6us-gaap_PropertyPlantAndEquipmentGross
Accumulated depreciation (1,464.4)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (1,407.8)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Net property, plant and equipment 850.7us-gaap_PropertyPlantAndEquipmentNet 886.8us-gaap_PropertyPlantAndEquipmentNet
Goodwill 9.7us-gaap_Goodwill 9.7us-gaap_Goodwill
Notes receivable from asset sales 432.2us-gaap_NotesAndLoansReceivableNetNoncurrent 432.2us-gaap_NotesAndLoansReceivableNetNoncurrent
Investments in and advances to affiliates 5.0us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures 3.2us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
Deferred debt costs 5.6us-gaap_DeferredFinanceCostsNoncurrentNet 6.8us-gaap_DeferredFinanceCostsNoncurrentNet
Long-term investments 4.6us-gaap_LongTermInvestments 3.7us-gaap_LongTermInvestments
Restricted cash 10.4us-gaap_RestrictedCashAndCashEquivalentsNoncurrent 11.3us-gaap_RestrictedCashAndCashEquivalentsNoncurrent
Other assets 17.3us-gaap_OtherAssetsNoncurrent 33.8us-gaap_OtherAssetsNoncurrent
Long-term deferred tax asset 0.6us-gaap_DeferredTaxAssetsNetNoncurrent 0us-gaap_DeferredTaxAssetsNetNoncurrent
Total assets 2,353.5us-gaap_Assets 2,493.3us-gaap_Assets
LIABILITIES AND EQUITY    
Current portion of long-term debt 2.4us-gaap_LongTermDebtCurrent 2.3us-gaap_LongTermDebtCurrent
Accounts payable and accrued liabilities 168.3us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 161.9us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Current portion of contingency reserves 2.0us-gaap_LossContingencyAccrualCarryingValueCurrent 2.0us-gaap_LossContingencyAccrualCarryingValueCurrent
Total current liabilities 172.7us-gaap_LiabilitiesCurrent 166.2us-gaap_LiabilitiesCurrent
Long-term debt, excluding current portion 759.5us-gaap_LongTermDebtNoncurrent 762.7us-gaap_LongTermDebtNoncurrent
Deferred income taxes 139.5us-gaap_DeferredTaxLiabilitiesNoncurrent 188.7us-gaap_DeferredTaxLiabilitiesNoncurrent
Contingency reserves, excluding current portion 12.2us-gaap_LossContingencyAccrualCarryingValueNoncurrent 13.3us-gaap_LossContingencyAccrualCarryingValueNoncurrent
Other long-term liabilities 153.8us-gaap_OtherLiabilitiesNoncurrent 136.1us-gaap_OtherLiabilitiesNoncurrent
Stockholders' equity:    
Preferred stock, $1 par value, 15,000,000 shares authorized, no shares issued 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $1 par value, 200,000,000 shares authorized, 152,844,802 and 152,045,461 shares issued 152.8us-gaap_CommonStockValue 152.0us-gaap_CommonStockValue
Additional paid-in capital 507.0us-gaap_AdditionalPaidInCapitalCommonStock 508.0us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 812.3us-gaap_RetainedEarningsAccumulatedDeficit 887.7us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock, 10,618,647 shares and 10,920,546 shares, at cost (225.0)us-gaap_TreasuryStockValue (232.2)us-gaap_TreasuryStockValue
Accumulated comprehensive loss (131.3)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (89.2)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders' equity 1,115.8us-gaap_StockholdersEquity 1,226.3us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 2,353.5us-gaap_LiabilitiesAndStockholdersEquity $ 2,493.3us-gaap_LiabilitiesAndStockholdersEquity